Honestly, I can’t make sense of crude oil at this level, so I’ll just lay out the numbers and let everyone think it over. Brent fell 1.38% in a day to 96.30, just a step above its 24-hour low of 95.60.
The drop in oil prices itself isn’t alarming. What’s alarming is that oil is falling alongside crypto—everything is down today, and this move in oil looks like it’s testing a bottom first. If 95.60 holds, it’s still just a small pullback; if it doesn’t, that means this weak stretch isn’t over yet.
If I had to choose, I’d lean more toward sitting on the sidelines. I won’t make a move before 95.60 breaks—but if it really does break below, I’ll change my mind immediately.
Crude oil has taken the first step down. Do you think U.S. stocks and crypto will follow tonight?
$BZ
#原油 #MarketAnalysis
The drop in oil prices itself isn’t alarming. What’s alarming is that oil is falling alongside crypto—everything is down today, and this move in oil looks like it’s testing a bottom first. If 95.60 holds, it’s still just a small pullback; if it doesn’t, that means this weak stretch isn’t over yet.
If I had to choose, I’d lean more toward sitting on the sidelines. I won’t make a move before 95.60 breaks—but if it really does break below, I’ll change my mind immediately.
Crude oil has taken the first step down. Do you think U.S. stocks and crypto will follow tonight?
$BZ
#原油 #MarketAnalysis